1945 NW 51st Terrace Miami, FL 33142
Liberty City Neighborhood
3
Beds
2.5
Baths
1,026
Sq Ft
5,000
Sq Ft Lot
Highlights
- RV or Boat Parking
- No HOA
- Closet Cabinetry
- Deck
- Eat-In Kitchen
- 1-minute walk to Olinda Park
About This Home
As of June 2023INVESTOR HOME currently Cash flows $3,000 monthly 2 bed 2 bath in main house with private entry studio apartment. EVERYTHING UPDATED IN THE HOUSE, (Plumbing, Electric, Frame, Stucco, paint, floors, etc.) All new appliances. Home with a nice backyard. Roof recently repaired, all new wood. Great location a few minutes from Buena Vista. Located on a nice 5,000 SqFt lot with 2 Newly paved driveways. Property is currently rented month to month. Seller is motivated and willing to help with closing costs. Place is ideal for investors wanting a cash flowing property. Tenants pay on time also are on month to month leases.
Last Agent to Sell the Property
Julies Realty, LLC License #3385364 Listed on: 11/20/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,915
Year Built
- Built in 1938
Lot Details
- 5,000 Sq Ft Lot
- East Facing Home
- Property is zoned 5700
Home Design
- Substantially Remodeled
- Studio
- Frame With Stucco
- Shingle Roof
Interior Spaces
- 1,026 Sq Ft Home
- 1-Story Property
- Vinyl Flooring
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Studio bedroom
- Closet Cabinetry
- Walk-In Closet
- Shower Only
Parking
- Driveway
- Guest Parking
- On-Street Parking
- Open Parking
- RV or Boat Parking
Outdoor Features
- Deck
Utilities
- Cooling Available
- Central Heating
Community Details
- No Home Owners Association
- Floral Pk Subdivision
Listing and Financial Details
- Assessor Parcel Number 30-31-22-052-5230
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 5, 2023
Sold by
Garcia Teresa De Jesus Lorenzo
Bought by
Garcia Teresa De Jesus Lor
Purchase Details
Listed on
Nov 20, 2022
Closed on
Jun 16, 2023
Sold by
El Bodegon De Broadway Llc
Bought by
Garcia Teresa De Jesus Lor
Seller's Agent
DeLonte Copeland
Julies Realty, LLC
Buyer's Agent
Roci MontoyA
Dream Land Group
List Price
$430,000
Sold Price
$390,000
Premium/Discount to List
-$40,000
-9.3%
Views
183
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$331,500
Interest Rate
6.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 8, 2022
Sold by
Janie Lumpkin
Bought by
De Broadway El Bodegon
Similar Homes in Miami, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Warranty Deed | $390,000 | Florida Title & Trust | |
| Certificate Of Transfer | $157,100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $331,500 | New Conventional | |
| Previous Owner | $156,000 | Balloon | |
| Previous Owner | $85,000 | Balloon | |
| Previous Owner | $165,000 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2025 06/14/25 | Pending | -- | -- | -- |
| 06/04/2025 06/04/25 | Price Changed | $444,999 | -2.2% | $423 / Sq Ft |
| 06/02/2025 06/02/25 | Price Changed | $454,998 | 0.0% | $433 / Sq Ft |
| 05/29/2025 05/29/25 | Price Changed | $454,999 | -0.2% | $433 / Sq Ft |
| 05/26/2025 05/26/25 | Price Changed | $455,997 | 0.0% | $434 / Sq Ft |
| 05/22/2025 05/22/25 | Price Changed | $455,998 | 0.0% | $434 / Sq Ft |
| 05/21/2025 05/21/25 | Price Changed | $455,999 | -0.2% | $434 / Sq Ft |
| 05/17/2025 05/17/25 | Price Changed | $456,969 | 0.0% | $435 / Sq Ft |
| 05/15/2025 05/15/25 | Price Changed | $456,970 | 0.0% | $435 / Sq Ft |
| 05/13/2025 05/13/25 | Price Changed | $456,980 | 0.0% | $435 / Sq Ft |
| 05/10/2025 05/10/25 | Price Changed | $456,990 | 0.0% | $435 / Sq Ft |
| 05/07/2025 05/07/25 | Price Changed | $456,997 | 0.0% | $435 / Sq Ft |
| 05/05/2025 05/05/25 | Price Changed | $456,998 | 0.0% | $435 / Sq Ft |
| 04/24/2025 04/24/25 | For Sale | $456,999 | +17.2% | $435 / Sq Ft |
| 06/16/2023 06/16/23 | Sold | $390,000 | 0.0% | $380 / Sq Ft |
| 04/27/2023 04/27/23 | Price Changed | $390,000 | -4.2% | $380 / Sq Ft |
| 12/07/2022 12/07/22 | Price Changed | $407,000 | -5.3% | $397 / Sq Ft |
| 11/20/2022 11/20/22 | For Sale | $430,000 | -- | $419 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,959 | $327,937 | $190,000 | $137,937 |
| 2024 | $4,541 | $309,541 | $170,000 | $139,541 |
| 2023 | $4,541 | $233,108 | $147,500 | $85,608 |
| 2022 | $2,915 | $114,475 | $0 | $0 |
| 2021 | $2,671 | $104,069 | $0 | $0 |
| 2020 | $2,377 | $122,533 | $61,250 | $61,283 |
| 2019 | $2,229 | $113,783 | $52,500 | $61,283 |
| 2018 | $1,972 | $98,533 | $37,250 | $61,283 |
| 2017 | $1,732 | $71,082 | $0 | $0 |
| 2016 | $452 | $25,989 | $0 | $0 |
| 2015 | $457 | $25,809 | $0 | $0 |
| 2014 | -- | $25,605 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
R
Seller's Agent in 2025
Roci MontoyA
Dream Land Group
(305) 417-5859
1 in this area
25 Total Sales
-
Seller's Agent in 2023
DeLonte Copeland
Julie's Realty
(305) 440-7303
2 in this area
15 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11305716
APN: 30-3122-052-5230
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